Terhathum Power Rating Withdrawn, Hym Consult Upgraded to B+ by ICRA Nepal
Summary
ICRA Nepal has withdrawn Terhathum Power Company Limited's credit rating at their request and upgraded Hym Consult Limited's rating from B- to B+, removing its non-cooperating status but still indicating high default risk.
Key Points
- ICRA Nepal withdrew Terhathum Power Company Limited's issuer rating upon the company's request.
- Terhathum Power's rating was previously [ICRANP-IR] BB, reflecting general creditworthiness.
- Hym Consult Limited's issuer rating was upgraded from B- to B+ by ICRA Nepal.
- Hym Consult's upgrade removed it from the 'Issuer Not Cooperating' category, but it still shows high default risk.
